Section 1245 and Section 1250 Recapture. All Section 1245 Recapture and Section 1250 Recapture shall be allocated to the Members in accordance with the provisions of Treasury Regulations issued under Section 1245 and Section 1250 of the Code, respectively.
Appears in 4 contracts
Samples: Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust)
Section 1245 and Section 1250 Recapture. All Section 1245 Recapture and Section 1250 Recapture shall be allocated to the Members in accordance with the provisions of Treasury Regulations issued under Section Code Sections 1245 and Section 1250 of the Code1250, respectively.
Appears in 2 contracts
Samples: Operating Agreement (Hersha Hospitality Trust), Operating Agreement (Hersha Hospitality Trust)
